New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-06-25
A GANG OF TICKET SCALPERS CAPTURED
MAKING $4,000 A YEAR BY SELLING BOGU:
TICKETS.

GANG OF 1lChEI SCALPERS CAPlURED.
MAKING $4,000 A YEAR BY SELLING BOGUS
TICKETS.
CHICAGO, June 24.-A young man by the name of
Stout, Frank Layfeld, Henry Butler. Joseph Reed,
Albert Reeves and Louis stein drraigned before
Judge Baker this morning with five charges against
them. Conspiracy the offence alleged. and the
evidence Is of a character altogether unique in che
prosecution of railway ticket scapers for that is the
business the defendants we're engaged in. For three
years they carried the traffic ulder The shadow OF
oice headquarters and ii appears that not one detec
tive at the central station knew that within stones
throw OF that place a band of railway ticket
toreers possibly the most expert in the country The
Pennsylvania Railway Company became aware of 1t
first, The given to detective agency to
work up One day a farmer presented to a conductor
OH the road ticket. which close scrutiny showed to
have been raised" Originally 1t a suburban
ticket and worth possibly % cents The forgers, by
of coloi ed ink and mechanical stamps worked
it up that twas sold for l5 and the said be
purchased 1t at 1928 So1th Clark st. day two
later raid made on the place. Said the police
superintendent; "Wc got acid, don't know how
many kinds color pencils to restore the color of all
tickets dozen or more punches and pack OF old
anil worn tickets belonging to every road in the
United States Two of ths men did the pen work.
They could counterfeit any kind Of signature and by
means OF their stamps could fill in the of any
road make O ticket good for any destination. One
OF their schemes was to take an old tcket-say one
that was two years old-hl in the punch mark stamp
in n destination apply an acid wash TO give the
paper fresh look then 20 II with color pencil
and the work would deceive any expert In this way
theT could take a ticket worth 10 cents and make 1t
worth 10. They got to making 80 much money that
they opened branch Office at West Madson-st
Butler had charge of this office and Layfeld the
outside man These have confessed ana will turn
States evidence. Stein. Stout Reed and Reeves got
the bulk OF the profits. which must have been enor
nous. Stein is a New-Yorker and is wealthy" One
estimate Ia TO the effect that the scapers sold
ace 500 1000 worth of bogus tickets year for the
last three years. BAH tJJH
PLAN OF REoRG AIMING THE PERKIOMEN ROAD.
PHILADELPHIA June "a (speeidb.-The reconstruction
trustees Of the Reading Railroad held a meeting this
afternoon and 1t announced that the trustees and
the receivers hal approved the plan Of settlement
The plan Of reorganization of the Pcrdomen Railroad
is to cancel the first mortgage per cent bonds which
maured April /. and the second mortgage sterling
bonds, guaranteed by the Reading, and satisfy OF
record the mortg cages given TO secure the payment Of
said bonds, II 1t be done without foreclosure and
to create q first mortgage the road franchises
and other property Of the company for 90 0OO TO
secure two Of thIrtyycar coupon bonds, to be
denomInatcd first and second series bonds The first
SERIES Of SsOoOOO are to be preferred and to have
priority Of lien the second series, and to bear
per cent interest. Tho bonds to be exchanged
for the present issue Of bonds amounting to s7oo0o9
and the $Oo surplus TO be held or sold for the benefit
Of the company. The second series will be subor
dInae viii bear per cent Interest and xl DO ex
OF the ISSUE 1925 900, will be held In the treasury
Of the company for equipments etc The Perktomen
Will pay the holders Of certificates representing the
first gage bonds interest on the present first mort
gage bonds at the rate Of per cent after October
reprcsentlnS the second mortgage loan will receive
per cent up to date.
MISCELLANEOUS RAILWAY INTELLIGENCE
LITTLE ROCK ARK, June "a (speciaD.-The survey Of
another OF Jay Goulfs projected roads in this State Is
about finished 1t is branch line running from Jenn
ipgs Falls in Yell County to Hot Springs 1t is said to-
Ace thott ha wi ha hufit ny VI mhar
will be an important link In Goud's Missouri Pacific
system
sPRINGFIELD. Ill. June pa certificate OF consolda-
ton recorded In the office Of the Secretary of State
to-day by the Mount Vernon aud Wabash Railway Com
pany of Indiana and the Padueah and Mount Vernon
Railway Company OF Illinois These are consolidated
under the name or the Paducah and Mount Vernon
Railway Company
Boston. June 24.-At adjourned meeting Of the
stockholders OF the Eastern Railroad to-day, 1t an
nounced that the balong the question OF confirming
the of the Boston and Lowell and the Manchester
and Lawrence Railroads by the Boston and Maine Rail
road completed. and that majority of all the stock
holders had approved Of both projects
OFFICER HRNAE MYsTERIOUsLY THREATENED.
Policeman william Henze, Of the Prince Street Squad,
received bloodmarked envelope yesterday addressed
to himself, containing letter threatening him with
whose Headquarters are In the precinct where Henze
does duty. II reads as follows:
ny You
tire Inner Circle who commands removal and
ahal take place In mysterious manner speah spelah
Beware. Home, thou gone mysterious
dercd cop You be in Heaven soonhe last Of job lot
al u b ss %q5Sa' nay 4f 81
sied stan In one week lie VIII % too :sroas @
tris Head Centre
Left Centre. A. T.. Mosf
Sec. for l. c., Sec. and InQulsitor.
BRAuSscHwEIo Csndonstreioh.
REFUSING HARNESS HISTORY AS A TEXTBOOK
The Board Of Education of Newark last night reconsderod
q a
parnes History as toy tho puoe schools and
referred tho Committee Textbook The
book severely criticised giving version OF tho
jate unjust the Onion and unfit TO DO taught
in public schools Members of the Grand Army OF the
Repub threaten TO take their ohlldren the schools